Hyperdrive
Chery to Buy Nissan South Africa Plant, Marking Rapid Climb
The Nissan Motor Co. Rosslyn plant in Pretoria, South Africa.
Photographer: Waldo Swiegers/BloombergChery Automobile Co., China’s top car exporter, agreed to buy Nissan Motor Co.’s vehicle-manufacturing plant in South Africa, the latest evidence of the growing global dominance of Chinese brands.
Chery will buy the land, buildings and associated assets of Nissan facilities in Rosslyn, Pretoria, including the nearby stamping plant that’s used to make body parts such as doors, it said in a statement. The transaction will take place in mid-2026, subject to conditions.